Israeli lawmakers approve amended war budget for 2024 in initial vote
Israel’s parliament gave its initial approval to an amended 2024 state budget that adds tens of billions of shekels to fund Israel’s war against Hamas, with higher defence spending and compensation to households and businesses hurt by the conflict.
Lawmakers voted 57-50 to approve the spending package of 584 billion shekels (S$214.2 billion), or 724 billion including debt repayment, according to a statement by the Knesset, Israel’s parliament.
The budget now heads for debate in parliament’s finance committee, where it may undergo adjustments ahead of its second and third votes expected later this month. The budget needs to pass three votes to become law. REUTERS
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Chinese military drills around Taiwan have ended: state media
Are these drones too Chinese to pass US muster in an anti-China moment?
The increasing Trumpification of TikTok
Trump’s pattern of sowing election doubt intensifies in 2024
Biden’s chance to do the right thing in Gaza
Businesses in DC blame the government for the district’s empty offices